Tag Archives: S&P500 outlook

SNP500 revisited

Posted on November 10, 2008 by Ramki

On November 3, a day before the US election, I wrote that the S&P index was still in a downtrend and we should use any recovery to the prior high of 1045 to get out of longs. I also suggested that should we reach 1136, we should turn short there. As it turned out, the high was only 1005. Continue reading →

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What is the outlook for SNP500

Posted on November 3, 2008 by Ramki

What is the outlook for S&P500 once we get the US Presidential Election results? This is the question that most traders of US stocks and options have in their mind. Let me start with the assertion that we are still … Continue reading →

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